Update on supports and resistances.

Resistance3 : 74.3
Resistance2 : 72
Resistance1 : 70.5
Last Price : 68.54
Pivot Point: 70.5
Support1 : 68
Support2 : 67
Support3 : 65.5

Pivot: 70.5

Our preference: Short positions below 70.5 with targets @ 68 & 67 in extension.

Alternative scenario: Above 70.5 look for further upside with 72 & 74.3 as targets.

Comment: the pair remains under pressure and is challenging its support, the RSI is mixed to bearish.

74.3
72
70.5
68.54 (last)
68
67
65.5



*USD/EUR Index: the ISE Exchange measures the strength and weakness of the US DOLLAR versus the EURO. For details go to www.ise.com